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for an action. >> good to have you with us tonight. folks, thanks for watching. almost 24 hours ago, president obama called for a change in this country. now, it's up to all of us to make sure changes come to pass. the community of newtown connecticut is still deeply mourning the lives of 26 people, 20 of them children. the president struck an almost impossible balance of heartfelt emotion and out rage. clearly, president obama feels the weight of the moment. no american can relive the horror of this. >> we can't tolerate this anymore. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex and that is true. no single law, no set of laws can eliminate evil from the world or prevent every senseless act of violence in our society. but that can't be an excuse for an action. surely, we can do better than this. >> this is a moment in history where an event alters the direction of a country and moves lawmaker fos unity. diane feinstein was the first to announce an update on an assault weapons ban which she introduced in congress and wil
on, pressure on the price of oil, indisexposeble incomes and henry joins us now. 2013, what does pressure on the price of oil mean? >> downward, i think. i think what we see is some significant nonopec finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been t
thomas roberts a few hours ago that the weapon used at sandy hook did not meet that distinction. >> we have to remember, connecticut has the fifth toughest gun control laws in the country, including an assault weapon ban that bans 35 different weapons. the weapon that was used was not an assault weapon. therefore, it wasn't banned. >> indeed, a bushmaster ar-15 rifle like the one lanza used is legal in connecticut despite the assault weapon ban there as long as it lacks two of certain futures, like a grenade launcher and a bayonet mount. in fact, it's the most popular rifle in america. owned by some 3 million people. this model at bud's gun shop just sold out online this very afternoon. another model seen here from the bushmaster's website shows the many features of such a weapon, and heard on the video, a chilling reminder of the sound that rang through the school as the shooting began on friday morning. a horrifying noise, if ever there was one. i want to bring in nbc news justice correspondent pete williams with us from washington. pete, this weapon that lanza used at sandy hook ele
for five days. >> they kept us blindfolded, bound. we weren't physically beaten or tortured. a lot of psychological torture. they made us choose which one of says would be shot first and when we refused, there were mock shootings. >> we will have more on their harrowing escape coming up. >>> classes for other students are resuming in newtown for the first time since friday's deadly school massacre. as two more young victims are laid to rest today. in washington is the momentum for gun control finally building? house democratic leader nancy pelosi called for a ban on assault magazines like those used to kill the 27 victims in connecticut. >> why is it that somebody needs a magazine with 20 shots in it and have 40 lives at risk? >> we'll talk exclusively with nancy pelosi about what can be done to control guns. and, of course, the looming fiscal cliff. speaker boehner today turns to his plan b. >> our plan b would protect american taxpayers who make $1 million or less and have all of their current rates extended. >> good day. i'm andrea mitchell live in washington. we here at nbc and
's not a conversation. that's a stalemate. we will have to change, the president told us from newtown over the weekend, and he's absolutely right. we all want to prevent another tragedy. so let's have a real serious conversation about it for once. okay. that does it for "the cycle." martin, it's all yours. >> s.e., i would be interested to hear your response to what jeffrey swanson, professor of psychiatry said when he said we're not even good at preventing minor violence. when you're talking about a mass shooting, that's a needle in the haystack. the mental health issues are not that straightforward are they? >> no, they're not. they're incredibly complex. the policies are incredibly complex. there are already laws on the books that do not adequately deal with this, but it's a conversation we need to have and we need to have it more often. >> okay. thank you, s.e., and thank you all of you on "the cycle." good afternoon. it's tuesday, december 18th, and as those killed in newtown are laid to rest, now is the time for action. >> that's the picture. that's the emotion that will pull this thing. >> the
. they were wearing ski machx. they were heavily armed. they dragged us out of the car. they had a container truck positioned waiting by the side of the road. they put us into that container truck. we were with some gunmen, some rebels who were escorting us. they executed one of them on the spot. then they took us to a series of safehouses and interrogation places. >> well, nbc news has no confirmation of the identity of those kidnappers. richard engel, of course, a veteran correspondent, says he has a good sense of who they were. >> this was a group known as the shabiha. this is a government militia. these are people who are loyal to president bashir al assad. they are shiite. they were talking openly about their loyalty to the government, openly expressing their shia faith. they are trained by iranian revolutionary guard. they are allied with hezbollah. we were told that they wanted to exchange us for four iranian agents and two lebanese people who are from the amma movement, and they want other members that have been captured by the rebels, they captured us in order to carry out this exch
enduring psychological torture for five days in that war-torn country. angie joins us with more on this harrowing story. >> reporter: good morning. the face of nbc news known for covering some of the world's most dangerous stories found himself in the headlines after disappearing with his crew in syria. >> i'm very happy that we're able to do this shot this morning. >> we're in good health, we're okay. >> reporter: on the "today" show after a terrifying five days of being captive. earlier this morning we got our first glimpse and he talked about the traumatic experience. >> we were with some gunmen, rebels who were escorting us. theyxecuted one of them on the spot and they kept us blindfolded, bound. we were not physically beaten or tortured. it was a lot of psychological torture. threats of being killed. they made us choose which one of us would be shot first and when we refused there were mock shootings. >> we'll go to a sniper position. >> reporter: engel who is known for his fierce reporting on the front line of war-torn countries say they were crossing from syria to turkey
protecting her students. and we're also getting new information this afternoon on the guns adam lanza used in the attack and when at least one of them was purchased. let's get the latest of nbc news justice correspondent pete williams. what can you tell us about the purchasing records uncovered? >> frankly, tamron, i didn't bring them with me. i didn't have the exact dates at the fingertips. we all have been reporting here that all these firearms were bought within the last two years. and i just don't remember the precise dates. i apologize. the state police say it's going to be probably months before their investigation report is finished given the number of victims and the complexity of the crime scene. in terms of, you know, the latest on the investigation, i think it's fair to say that it's moving very slowly. they had hopes that they would get quick information from the house and the computer. they haven't given up on trying to get information off the hard drive that was damaged but that hasn't yielded any information so far. so what they're going to have to do is go backwards and try
in a good, serious debate over the issues of the day. you can join the debate any time by giving us a call at 1-866-55-press. we lost one united states senator yesterday. senator dan inouye from hawaii. we got a new united states senator, senator tim scott. he will be congressman now from south carolina. the first black in the united states senate and will be the only african-american in the united states senate. the first black from the south since 1901. that's the good news. bad news is he has every bit as tea party crazy as jim demint whose place he takes in the senate. we'll bring you more about that and a whole lot more but first here's the latest, today's current news update, lisa ferguson's got it out in los angeles. hi lisa, good morning. >> hey bill. good morning everyone. president obama has another light day on his schedule today. just an afternoon meeting with defense secretary leon panetta. that's after a new fiscal cliff offer is now on the table showing he and speaker boehner could be closer to rea
. to start us down the road of making our children safer by treating children's gun safety like their auto safety. all the air bags, anti-drunk driving campaigns, child seats, driver education, careful licensing, it slashed the accident rate but it didn't eliminate them altogether. we can't imagine a world without these protections for our families. let's see if we can imagine a world where our children are safer from gun violence. and then make it happen. the speaker pro tempore: the gentleman yields. the chair recognizes the gentleman from pennsylvania, mr. murphy, for five minutes. mr. murphy: madam speaker, i rise today with a heavy heart, to honor petty officer nicholas , a person who sacrificed his life in the most honorable of ways, to protect and save the life of another human being. his life was a testament to the core values of the united states navy, honor, courage and commitment. on december 9, twelve, pet -- 2012, the petty officer rescued ar kidnapped american doctor from the taliban near kabul. a veteran of the iraq war and a decorated navy seal, the petty officer died durin
painful. joining us now, lieutenant paul vance. he's become the face, the spokesman of this investigation. the connecticut state police. lieutenant vance, we're here in your office in middletown, connecticut. i know it must be hard on the journalists so it must be so much more hard on the men and women that work at the connecticut state police. what has it been like? >> it's been a horrible, tragic scene. the initial response was just horrific. the men and woman that risked their lives going in there trying to stop the aggression, trying to stop the shooting and carnage and rescue as many people as they could truly put their lives on the line but even more so, the faculty, the staff, the teachers that tried and did protect many of those children. there's good and bad but our hearts are just simply broken just due to the fact that 26 people died in that building. >> how are the men and women of the connecticut state police, the first responders, how are they doing? >> they are working through this. we provide counseling and employee assistance to them. they are human beings also but we hav
used and come at it that way to see if adam lanza using specific websites or going in to chat rooms or doing something that would have left some sort of electronic footprints. that's going to take time, as well. so there's still no good answer of why or what was going through mind. i think we have to settle in for the possibility it's a long time before we know that answer if we ever do. >> and the information that we have regarding the weapons at least the glock handgun found on adam according to authorities purchased january 2012. bushmaster purchased in 2010. pete, can you speak to the agencies that are involved? as you well know and to your point of this information and trying to keep it straight, and keep it accurate, there seems to be, obviously, the digging in of who adam is, psychological background, from high school and obviously on, as well as information on the guns which were legally purchased so there are many if you will avenues pursued. what agencies are involved? >> reporter: pretty standard there. the connecticut police are in charge, tamron. it's their crime scene.
joins us now live from newtown with the latest today. jay? >> reporter: you are absolutely right. another rough day here as you have described today. first graders from sandy hook elementary gathering to bury two more of their classmates while students at other schools here went back to class for the first time since the tragedy. the pain of saying good-bye has become a part of every day now in newtown. this grieving community buried two more first graders today. jessica rekos loved horses and asked santa for cow girl boots and a hat for christmas. a first born, she liked to plan and organize so much her family called her their ceo. james mattioli, nicknamed jay, loved sports on his ipad. early riser. he usually ended the day cuddled up on the couch next to his mom. there are so many here holding one another tight right now unable to sthak the horror. for jean ro . >> they kept saying that -- one of the boys said he had a big gun and a little gun. i -- i -- i could not fathom what they were talking about. >> reporter: he found the boys huddled in his yard after they ran past the
of the country, back in turkey of the we'll follow the story throughout the morning. stay with us for updates. >>> there is rain on the radar right now. storm team 4 meteorologist tom kierein is here with with us now for what it means to us. tom, good morning. >> that rain is in to west virginia now. it's coming from an upper level disturbance that been moving in along a front that's going to sweep in later today and bring us gusty winds. getting sprinkles of rain. much of west virginia into southeastern ohio, western pennsylvania. this disturbance going to pass right over our region here by later this morning and early afternoon. ahead of that, we've got some chilly temperatures. these areas in blue in the 40s. our northern, western suburbs as well as in the shenandoah valley and mountains. closer to washington, northern neck, eastern shore, tidewater region, generally in the low and mid 50s. in the metro area, it's in the upper 40s. near 50 prince yorj's, as well as in arlington. 40s in fairfax county and in the district, it's hovering around 50 degrees. later today, by 7:00 a.m., still aro
the problem, they'll be asking what was wrong with us. thanks for watching. i'm al sharpton. "hardball" starts right now. >> law and order. let's play "hardball." >> good evening, i'm chris matthews down in washington. let me start with this. is gun violence, mass violence against children the price we pay for freedom? is watching and doing nothing what we have to put up with to obey the second amendment? is it? we're supposed to do nothing because the constitution upholds the right to bear arms. well, we have easy access to semi-automatic weapons in this country. is it a good society that does this, allows it? i ask the questions knowing the only way we can end this is with the votes of politicians from deer hunting country, not from the big cities. will they be there? will politicians who fear the gun lobby bear up under the strain of attack against any measure, no matter how small, to curb the power of the gun owners? the question tonight, what should and, most importantly, can be done to stop this kind of gun violence? and if nothing will work, say it. go ahead, say nothing can be done. i
the nation's capital on this. dagen: think those photos are yours and only yours? instagram says it could use your photos in ads, if it wants to. connell: this could cost us. the next on bank account adds. dagen: nicole 5 on the new york stock exchange. nicole: this is unbelievable. we continue to get the headlines out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentia
] >> sometimes we feel like that. but we make it exciting. thanks for inviting us into your home. that's it for this special report, fair, balanced and unafraid. >> they were just six years old and among the dozens of innocents murdered in their school. >> they're babies. they're babies. they're just babies. >> tonight heartbreaking good-byes in connecticut. investigators say they are looking at every bullet, anding every angle. >> the gun processing the evidence, analyzing the evidence. >> from the wreckage much ruined lives, trying to piece together understanding of how this happened. plus what, we've learned with friday's first victim. the shooter's own mother. she told me the guns, she would take them shooting because that was a way that a single mom could, you know, relate to her son. >> she was devoted and that was her job, to look after him. >> tonight the inside story from the family's friends and neighbors. i'm john scott in for shepard smith. we begin with the search for a motive. it is clear friday's shooting in newtown, connecticut can have no rational explanation. the act
is managing editor of postpolitics.com. gentlemen, i know we all saw this. this is what we used to call the topic sentence. i think this was the most telling, action-oriented piece of what the president said last night up in connecticut. let's listen to it now. >> in the coming weeks, i will use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. are we really prepared to say that we're powerless in the face of such carnage? that the politics are too hard? are we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? >> chuck todd, you know, gun control was probably not in many politicians' songbook going into this coming year, but now it is. reality, reality checks, reality bites. do you think the president has given any sign he will do something about gun safety in this next term? >> well, if he wan
wonderous star led thy light with the angels let us sing hallelujah to our king ♪ ♪ sleep in heavenly peace sleep in heavenly peace ♪ connecticut is galvanizing americans. it's no lodger acceptable to hide behind the second amendment. >> these tragedies must end. to end them, we must change. >> the president calls for change in the wake of a massacre. tonight, how voters can make their voices louder than the gun lobbies. >> this myth that the nra can destroy political careers is just not true. >> the nra's power is so vastly overrated. >> plus, the facts about the nra's power. mayor michael bloomberg's right hand power. will real america come around on common sense gun laws? >> john nichols on the conservative push to keep common sense gun laws out of the middle of the country. plus, republican obstacles to reduce violence with jonathan and alex wagner. and dr. gail saultz on the role mental health professionals need to play to reduce the violence. >> no single law, no set of laws can can eliminate evil from the world or prevent every senseless ablt of violence in our so
. the question to all of us is if we don't change now, then when do we change? today, newtown laid to rest two 6-year-olds, killed in friday's last shooting. and as we see the funerals of 25 more victims in the coming days, we all have to ask ourselves are good evening, americans. welcome to "the ed show" from new york. the tragedy in newtown connecticut is galvanizing americans. it's no lodger acceptable to hide behind the second amendment. >> these tragedies must end. to end them, we must change. >> the president calls for change in the wake of a massacre. tonight, how voters can make their voices louder than the gun lobbies. >> this myth that the nra can destroy political careers is just not true. >> the nra's power is so vastly overrated. >> plus, the fact about the nra's power. mayor michael bloomberg's right hand power. will real america come around on common sense gun laws? >> john nichols on the conservative push to keep common sense gun laws out of the middle of the country. plus, republican obstacles to reduce violence with jonathan and alex wagner. and dr. gail saultz on the role ment
you for being with us today. i'm carol costello in atlanta. first a small step toward normally in newtown, connecticut. soledad o'brien joins us live. good morning, soledad. >> reporter: good morning to you, carol. as you said, classes resume today for most of the kids in this community, so many wrestling with so much heartbreak, all of the newtown schools except for sandy hook elementary will reopen. grief and the fears of returning students an additional concern. police officers will be at every single school and today the town will lay to rest, the grandmother of charlotte bacon says her 6-year-old granddaughter was a bundle of energy who loved dresses and a second, jessica rekos, loved horses, she wrote her own horse stories, excited about a pair of cowgirl boots she was expecting to get for christmas. now to get the latest on the school's reopening this morning, sara endo is here in the heart of newtown with more. >> reporter: they're starting to see a lot of school buses rolling by and in about an hour or two classes will be in session. they all may be anxious about schoo
. >> that is it for us. fox and friends starts right now. >> gretchen: good morning,erving. today is tuesday, december 18th and this is it a camera run. hey, everyone. i am gretchen carlson. >> two more tiny victims laid to rest today as fellow students take on the difficult task of returning to class . we are live with the latest for you. >> steve: we are also getting to know the victims of the horrible tragedy like the hero teacher who stopped at nothing to save her children's lives. >> brian: we are getting a first look at the marine locked nup mexico. he's chained to the bed all for having a legal gun. mexican authorities say it is good treatment. we disagree. fox and friends starts right now. ♪ fox and friends. >> gretchen: good morning and thanks for sharing your time with us today on tuesday . this is the second day of goodbyes in newtown, connecticut as two more young victims of the horrible massacre are laid to rest. we'll go out to peter doocy, he will talk about james, who is called jay. he was a numbers guy and the other is jessica reko who loved everything about horses and playing with he
rifles like the one used by gunman adam lanza. >> it's the president's job to promote a plan that fixing, satisfies the needs of the country. he is the commander in chief. he's the consoler in chief but the commander in chief. joining me from newtown, connecticut, is chris jansing, host of "jansing & company." chris, we heard a lot of different things about flowers running out of local shops there in town because of the outpouring the support for the victims. as we watched the scene there grow. describe what you've been witnessing as you people prepare to bury two of these little 6-year-olds. >> everybody that i talked to, thomas, in this community,s especially the families have told me that they feel the support here and literally around the country. i was talking to principal hochsprung's daughter, erica. we heard from her this morning. she said one of the things that has heartened her is hearing from teachers all around the country, house inspired they would have been. she said if my mother would have had one message to anybody, it would have been read a book to a child. and they've b
and thanks for sharing your time with us today on tuesday . this is the second day of goodbyes in newtown, connecticut as two more young victims of the horrible massacre are laid to rest. we'll go out to peter doocy, he will talk about james, who is called jay. he was a numbers guy and the other is jessica reko who loved everything about horses and playing with her brothers. other newtown schools will head back to school. and we'll hear more on what led to the shooting. hi, peter. >> gretchen, last night i was walking around and the streets are packed with people milling about in complete silence. the only noise you hear are cars and trucks passing by . yesterday, several of those trucks were moving trucks complete with their own police escort taking the furniture from inside of sandy hook over to mono, ron monroe to chalk hill middle school which is where students displaced by the awful tragedy will go back to class when the district decides that the time is right. >> the sandy hook school furniture is going to be move out and so it will be age and height and wait appropriate. but the he
bernadette woods is here. i think most of us will take this over the fog yesterday. >> this is just beautiful. that sun just burst out today and really helped to warm things up. we're going to show you there were a couple lingering showers but those are now moving away. there's the bulk of the storm off to the north. as far as temperatures go with the gusty wind and northwesterly wind, we haven't cooled down all that much. in fact, we are still sitting at 51 in baltimore. 55 in dc. we already had our highs a couple hours ago close to 60. we're starting to drop somewhat. still a mild day for us tomorrow and big changes coming this weekend. we'll have that forecast coming up. >> let's check on our roads. >> hi, everyone. we are starting off with a lot of accidents. definitely going to be a struggle on 70 eastbound. a crash at the beltway blocking the two right-hand lanes. northbound 895 blocking the left-hand lane and southbound on the express way at northern parkway. other accidents include south brew street and falls road. as far as delays go quite a few around the beltway. the first one on t
standing by who will give us a reaction to the oracle earnings once those numbers cross the wires. they should be coming out momentarily. here's the number to look for, 61 cents a share on earnings is what we're expecting on revenue of 9.02 billion. as soon as we get the numbers we'll see how oracle is doing. liz ann sanders, deal or no deal? what's your take on all of this? >> we'll have a deal. in the first step of the process and then whatever the makeup of the deal will become more important as we go into the beginning of the year. the devil will be in the details, but i do think we get some semblance of a deal. it may not make either side terribly happy but that might be the measure of a decent deal if both sides run happy. >> a great couple of days here with triple-digit moves on the dow jones industrial average. alan gael, you want to buy into it or sell it? >> i would say that it's a little vulnerable here. i think clearly both sides are now moving in the same direction, but now it's so the conversation is about numbers, and i think we still have a good ways to go, and qui
on church grounds. i'm pleading with our leaders to help us. >> my name is nardine jeffries, i'm here on behalf of my daughter, reshelle jones who was murdered on south capitol street, she was 16 years old and my only child with an ak-47 . >> my name is jose, i lost my son seven years ago, thank you. >> my name is kate hinckley, i'm here to give a voice to my baby sister, kirsten, who was killed when she was 15 at charlie square in salt lake city. >> i'm carolyn tuft, my daughter kirsten was killed in salt lake city. and i was also seriously injured in 2007. >> my name is peter reed, i'm here, again, as i was in april, because of my daughter, mary. she was shot and killed in her french class on the campus of virginia tech on april 16, 2007. >> my name is casey, my little brother, derrek was riddled with bullets on september 8, 2001 new york sacramento, california. -- in sacramento, california. >> my name is paul mauser, i'm the father of paul maus -- of daniel mauser who was killed in the massacre at columbine high school. >> my name is paul wilson. my beautiful wife christy lyn wilso
bill in over 60 years and most substantial reform of u.s. patent law since the 1836 patent act. the lay lee-smith a.i.a. re-establishes the united states patent system as a global standard. over the past year the patent office has worked diligently to implement the provisions of the act to ensure the bill realizes its full potential to promote innovation and create jobs. the bill that we consider today includes several technical corrections and improvements that ensure that the implementation of the bill can proceed efficiently and effectively. the bill is supported by all sectors of our economy from across the united states, including manufacturers, university, technology, pharmaceutical, and biotech companies and innovators. i have also received letters in support from the coalition for 21st century patent reform which represents manufacturers, pharmaceutical, technology, defense companies, and universities. the innovation alliance which represents high-tech companies and license sure, and the b.s.a., the software alliance which represents a range of high technology and software compa
. you did a great job. it is horrific. it will be with us for some time. bill: we heard that guy across the street. anyway, love your family. give them big hugs to your friends and have a great day. martha: bye, everybody, see you tomorrow. "happening now" starts right now. jon: brand new stories and breaking news. jenna: schools in newtown, connecticut, opening for the very first time after the deadly rampage at sandy hook elementary. just as we learn new details about the gunman, two more young victims are laid to rest today. plus a major cybersecurity threat. what you need to know to protect your bank accounts on-line especially in the new year. >>> a hour harrowing ordeal for a tv news correspondent and his crew, kidnapped five days in syria. the latest details on their escape. it's haul l all "happening now" jenna: great to have you with us on this tuesday. i'm jenna lee. jon: i'm jon scott. the latest on the tragedy in connecticut. while investigators search for answers there are some students are heading back to school right now. rick leventhal has the latest from newtown. what i
, and we are thinking about you here a lot, all of us, even though we're -- thinking about you here a lot, all of us, even though we're -- [ applause ] captioning funded by cbs >>> welcome to "cbs this morning." students are going back to school today in newtown, connecticut, except for the boys and girls of sandy hook elementary. their new school in a nearby town is not ready yet. >> investigators are still trying to figure out what led to this massacre. jeff glor is in newtown, connecticut, where two young victims were laid to rest on monday. jeff, good morning. >> reporter: nor agood morning to you. we are one week away from christm christmas. here in connecticut, it will be a week full of funerals for the victims of friday's shooting. in connecticut on monday, the first two funerals were held for the victims of friday's shooting. 6-year-old noah pozner and 6-year-old jack pinto. the state's governor and lieutenant governor each attended one of the services. >> you try to feel their pain but you can't. you try to find some words that you hope will be adequate, knowing that they'll be i
with us. >> thank you for having me. >> that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >> good tuesday morning. i'm carl with melissa lee, david faber, live from the new york stock exchange. jim cramer is on assignment today. well, are we getting close to a fiscal cliff deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperf
over half of all semi-automatic rifles sold every year including the one that was used in the newtown massacre. the california teacher a pension fund has about $751 million invested in the company that is responsible for that, cerberus. late yesterday a spokesman for the fund told the sacramento beat that the pension fund was considering pulling its investment out of cerberus, saying "events that occurred in connecticut are a wakeup call to re-examine our investments." the california teacher's pension fund has a lot of money for those investments. $155 billion overall to be exact. remember $751 million of that is with cerberus. so facing that kind of clout cerberus announced at 1:00 a.m. this morning that it would sell freedom group and it would return the proceeds to investors. the company said -- cerberus said "it is apparent that the sandy hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level. as a firm, we are investors not statesmen or policy
. they say they feel the support, thomas. >> nbc's chris jansing reporting for us there. the host of "jansing & company" here on msnbc. chris, thanks so much. senator joe lieberman speaking on the house floor right now. talking about what this tragedy has meant to him. he's an independent. we'll listen in for a second. >> -- the act of a madman. or mad people. this time, they said it reflects a deeper problem in our society. and i believe what causes that change is that 20 of the victims in newtown, connecticut, were young children. and there is not only a heartbreak across our country about this, not only anger, but i think there's guilt. and we all ought to feel guilty because as a society, what the attacks in newtown said to us is that, we have failed to fulfill what would seem to be our most natural -- natural law. if you will. responsibility which is to protect the safety and lives of our children. >> senator joe lieberman talking on the senate floor saying they ought to feel guilty, referencing himself and his other colleagues, that americans aren't protected by stricter gun laws in thi
. thanks for joining us tonight. i'm shawn yancy. >> i'm maureen umeh. as relatives begin to say good- bye to their slain children, investigators in connecticut continue to work to better understand what happened. that includes interviewing two injured witnesses and digging deeper into the gun and computer use of the 20-year-old gunman. two young victims laid to rest monday, 6-year-old jack pinto, a huge new york giant fan, and 6-year-old noah pozner who loved learning how things worked. his twin sister was in a different classroom and survived. >> he was celebrated as a pure innocent child who had the promise of life ahead of him who brought joy to his family and to his community and will be sorely missed. >> reporter: funerals are planned throughout the week as the investigation into the mass shooting continues. authorities established adam lanza shot his mother four times in the head at their home while she was still in bed. they say he then went to newtown sandy hook elementary school where he shot open an entrance, then fired multiple magazines from a bushmaster ar15 rifle to kill si
versus the dollar on speculation that u.s. lawmakers will reach a deal on the fiscal cliff. why that makes the euro so much stronger, you know, the euro hit intraday high of 1.3238, it is up 1.6% so far this month alone against the greenback. homebuilder confidence jumping to its highest level in more than six and a half years in december. the national association of homebuilder index posting its climbing 2 points to 47 this , month. a lot of optimism today. david: and we have the numbers from oracle. they are out. adam shapiro has been parsing through he numbers. adam: investors will be pleased with oracle. revenue of 9.1 billion, up 3%. and the street was expecting 9.02 billion. one thing i want to tell you from the press release, they are saying that cloud software subscriptions revenues were up 17% to 2.4 billion. and that's one of the things that investors are really paying attention to as oracle goes into that space. david: that is one of the things they are pushing most heavily into. adam, hank you very much. let's get reacts from the chicago mercantile exchange. larry,
telling us that republicans will vote on a plan b in the house. likely this week. it will allow americans to avoid higher tax rates starting on january 1st. this deals with just the tax portion here on different rates. so, the threshold that republicans want is a million dollars. you wouldn't get a tax hike on your rates if you earned less than 1 million dollars annually. so that's a plan b that republicans vote on on the house. house speaker john boehner still wants a grand bargain with president obama. the two sides were drawing closer, last night their deal gave some discouragement to house speaker john boehner, so he's putting a second plan on the table and prefers president obama and they'll take it to-- >> it sounds like speaker boehner cannot sell the deal he's approaching with president obama to his own house members, so he's going to plan b the concentrate only on the tax side and put a vote before the house at some point maybe this week. is that roughly what's happening here? >> roughly, stuart. and also, what happens is this allows speaker boehner to go back to the president an
look at our current gun laws. >> obama: in the coming weeks i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals to parents and educators. in an effort aimed at preventing more tragedies like this. because what choice do we have? we can't accept events like this as routine. are we really prepared to say that we're powerless in the face of such carnage that the politics are too hard? are we prepared to say that such violence visited on our children year after year after year is some how the price of our freedom? >> eliot: while the president remained vague noticeably excluding the word "gun" from his speech, other legislators were more precise about what needs to be done. >> i'm going to introduce in the senate and the same bill will be introduced in the house a bill to ban assault weapons. >> i don't know anyone in the hunting or sporting arena that goes out with an assault rifle. i don't know anybody who needs 30 rounds in the clipping to hunting. i mean, these are things that need to be talked about. >> eliot: whe
, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yeste
survived. amy robach has been reporting on this story from the very start. and she joins us this morning from newtown. good morning, amy. >> reporter: elizabeth, this is certainly a powerful sight behind me. these makeshift memorials have popped up all throughout town. this one is stretching as far as the eye can see. people from all over have come to honor the lives lost and to show support for this community, support it so desperately needs with two funerals yesterday, four today, and so many, many more to come. this morning, amidst the tragedy, a small step towards normalcy, as students in newtown are heading back to school. all, except, of course, sandy hook, which police say could remain a crime scene for months. up to 100 volunteers in the neighboring town of monroe, are hard at work getting this unused middle school ready for sandy hook students to attend. it could be ready this week. but there's no word on when classes will resume. >> definitely, at the very least, want to give the children the opportunity to see their new school and to be -- as comfortable as they possibly can i
of us. >>> welcome to "cbs this "cbs this morning." students are going back to students are g school today in newtown, connecticut, except for the boyse boys and girls of sandy hook elementary.elementary. their new school at a nearby is town is not ready yet. >>> investigators are still . trying to figure out what led to this massacre.acre. jeff gore is inlor is in newtown, connecticut, where two victims were laid to rest monday morning. >> reporter: good morning to you and good morning to your viewers in the west.n connecticu one week this week will be full of funerals and wakes. friday's in connecticut on monday the first two funerals were held for the victims of friday's 6-year-old shooting, 6-year-old noah pozner 6- and 6-year-old jack pinto. the state's and lieutenant ed one of th governor each attended one of you try their services. >> you try to feel their pain but you can't. some you try to find some words that you hope will be adequate knowing they'll be inadequate see and you see little coffins and your heart has to ache. >> reporte >> reporter: that heart ac
who survived. amy robach has been reporting on this story from the very start. and she joins us this morning from newtown. good morning, amy. >> reporter: good morning, elizabeth. you can see the shows of support behind me. the memorials are popping up. this one is tremendous. it's in the center of town. and stretches as far as the eye can see. people all over, showing support for this community. support it will certainly need this week. there were two funerals yesterday. four more today. and unfortunately, many more to come. this morning, amst the tragedy, a small step towards normalcy, as students in newtown are heading back to school. all, except, of course, sandy hook, which could remain a crime scene for months. up to 100 volunteers in the neighboring town of monroe, are getting this middle school ready for sandy hook students to attend. it could be ready this week. but there's no word on when classes will resume. >> definitely, at the very least, want to give the children an opportunity to see their new school. and be as comfortable as they can in that new area. >> reporte
to upper income. melissa: we've got to go. great panel. thank you so much. thanks for all of you joining us. great discussions. >>> switching gears with great news on gas. the cost keeps going down. the price of regulaa is lowest it's been all year. it is $3.25. that's great! there is bad us into. we're paying more than ever before. the downward trend experts say will contue. we have oscarere to tell us why. welcome back to the show. >> thank you, melissa, for having me. melissa: so gas prices are the lowest that they have been all year. now day but we're still paying the most we'll ever pay this holiday season? explain that to me. >> well, as far as paying more at the pump you know one of the things we've been mired in is giving help to our economy, and that requires printing of u.s. dollars and lots of them as the fed has been doing. i thhnk one of the small reasons why you're paying more for gas today than you did last year at this time is basically because our dollar is buying us slightly less now than it did then. however, there is another side of this and we have a technical p picture
, was used about the atf and people like george h.w. bush and norman schwartzcof resigned from the nra. with every horrible act that happens, it's taken too long, but the story of the country in many ways is of coming to a consciousness that is overdue. >> let's also talk, mika, about the financial incentives of the gun trade. >> well -- >> they're out there as well. this is not just about politics, it's not just about liberty, about a lot of money, too. >> the big thing that's happening here and you see that in the people who are speaking out and those who are not, there's a shift in attitudes, as the "new york times" puts in their headline today, i think will be lasting. i don't know how any -- there are several networks, not just ours, having trouble finding pro gun advocates to speak out because there's really nothing to say at this point. can you think of anything in your political career, where something has happened and you realize you just can't take -- >> 9/11. 9/11 happened and there were a lot of conservatives after 9/11 very wary, very suspicious of federal government expan
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